Bitcoin Bank???

[KFCBTC]

Most of the interest producing schemes I saw related to bitcoin are HYIP's and not actual investment or banks. I don't think there is a bank offering interest as of now but would definitely be interesting if there is something like that.

[Hellacopter]

Bitcoin don't need banking services because it's decentralized currency, and i believe that's from the best Bitcoin's features which make it different than fiat and other currencies. And i think even using Bitcoin nowadays is better than using banking payment

[Tatalk]

Bitcoin don't need banking services because it's decentralized currency, and i believe that's from the best Bitcoin's features which make it different than fiat and other currencies. And i think even using Bitcoin nowadays is better than using banking payment

I do not need a bank if I do not want to borrow and save money. If I need to do that, I will need a kind of "bank".

[Gasturcas]

So far, the bitcoin business with the name of "bank" is very dubious. Banks have to be very safe, not a scam.

[Alauria]

It would be pretty bad to have a bitcoin bank.
the bitcoin stands for self control, you are you own bank, it will destroy the bitcoin if it happen.

[Hettinger]

That will be so nice. But I like normal banks too.
I hope later that many people will use it. And that many people will use the banks too.

[xht]

i don't think bitcoin bank is exist, we do not need something like a bank and if play with third party control is really risky.

[NeuroticFish]

IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

The way your topic started is not the best one, since quite a lot of bitcoiners hate even the word "bank", not saying the idea of keeping the money centralized.

But you have a point there. Some sort of online wallet service where you have options to select how often you can access your funds (like the deposits in ... you know where) and which will use your money as it wants to, but giving you a (small, but guaranteed) extra income may be an interesting idea.

There is, though, a problem:
while ... some institutions that do this on fiat are guaranteed by the state (I never understood why should the state interfere in contracts between private companies and individuals, but that's another issue),
the ... "online wallet" in question cannot really offer a guarantee, it has a good change to be a scam or get hacked.


If you want to invest, there are already some ways, like "invest in bank" on some gambling sites (may be risky) or lend on some exchanges (may need some of your time).

[Gliassa]

Of course there is no bitcoin bank, it will destroy the bitcoin forever.
The bitcoin is popular because you are your own bank!

[Maxsumi]

No there is no bitcoin bank, and its better if there is not.
Bitcoin is just for owning your money by yourself and nothing else.

[nanonymousx]

I went on allot and did plenty of research in that field, There are only ponzi scams and HYIP's right now only though as far as my research went. I saw something like an exchange/payment processor offering % of interest and has BTC/LTC as payment options but I think it is at best a small company that can easily fall even if it is not a scam from the beginning.

[fricircled]

No there is no bitcoin bank, and its better if there is not.
Bitcoin is just for owning your money by yourself and nothing else.

If you want to buy a house or a car or other big purchase, where do you borrow if there is no bank? Are you going to borrow from friends or family?

[tn211]

No there is no bitcoin bank, and its better if there is not.
Bitcoin is just for owning your money by yourself and nothing else.

I think it will be a good idea. I think many people will use it later. But the most important is making Bitcoin more popular.
If we all can make Bitcoin popular than maybe it is good to have a Bitcoin bank. And I think the normal banks are not happy.

[Wobberdk]

The thing is related to generate interest the same way as fiat banks does nowadays,bitcoin todays is the best way to protect and give our money the real value that banks keep for them.

[EdenHazard]

IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

not yet,nowdays nothing banks related with bitcoin,you have to wait some years again to see some bank have bitcoin as main finance,its also depending how good bitcoin is.

[sirdevil]

For sure the main thinking were to get some income from the bitcoins deposited into those bank,the same way it happens with fiat.There are bitfinex and poloniex and some others that allow you to earn an income from your bitcoins ,besides those its free as soon as someone takes yours offer ,and for sure better rates then try some bank.

[ronaldinho_07]

I guess it will be hard to banks assume the interest into bitcoin as we will be talking about  bigger return then we have with fiat currently.

[Guy_bitcoin]

Why you want a bitcoin bank, bitcoin is purposely made against banks.
You can gain interest by trading it against usd

[fricircled]

Why you want a bitcoin bank, bitcoin is purposely made against banks.
You can gain interest by trading it against usd

I think it is not made against bank. It just means you can save money yourself. You can also transfer money easily.

[labwork]

Why we need banks?? Its a digital money! We no need to manage any other organization. We can manage our wallet and Its better than bank You can see the transparent more than bank.  Well, maybe not a traditional bank per se. But a place where you can store bitcoins like a wallet but they pay interest? I mean if coinbase started using bitcoins we store in it to invest and pay interest, would that be considered a bank?